Thinking About Buying A Used Stinger With My Own Authority

MooneyBravo · Aug 24, 2025

Ruthless said: ↑

67
House ain’t paid off
Gonna start a business to make quick enough money to retire

From the outside- If you had a high likelihood of success, you probably should’ve done it 40 years ago.

No judgment- if you’re 67 and you still owe six figures on a house. You’ve been living beyond your means for a long time. Starting a business won’t change your behavior- just how many zeroes in the red you are.
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The reason I still owe six figures on this house is because I didn't buy this house until 2019. I bought it because I wanted to have a nice place for my now wife and kids to reside at. They both been in and out of college and will be on their own very soon.

I've done a lot of things wrong my whole life. On a personal note I'm a recover alcoholic of over 11 years now. Most of my problems and late start in life is due to all the drinking that I did. But I've made a great recovery and I'm doing pretty darn good. Better than I should be at this age.

I just started collecting full Social Security and will be throwing all of it at this house to pay it off as quickly as possible.

jeffman164 · Aug 25, 2025

Congrats.

iraqralph43 · Aug 25, 2025

MooneyBravo said: ↑

I just bought the house in 2019 because I was bringing my now wife and her 2 kids over from the Philippines. It's worth a lot now than it was when I bought it but I still owe about $100K.

Thanks for your input.
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Retire..sell the house..then move back to the Philippines...overall cost of living..would be much lower there

Otr Traveler · Aug 31, 2025

MooneyBravo said: ↑

The reason I still owe six figures on this house is because I didn't buy this house until 2019. I bought it because I wanted to have a nice place for my now wife and kids to reside at. They both been in and out of college and will be on their own very soon.

I've done a lot of things wrong my whole life. On a personal note I'm a recover alcoholic of over 11 years now. Most of my problems and late start in life is due to all the drinking that I did. But I've made a great recovery and I'm doing pretty darn good. Better than I should be at this age.

I just started collecting full Social Security and will be throwing all of it at this house to pay it off as quickly as possible.
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Shoot! Colonel Sanders wasn't successful with Kentucky Fried Chicken until his 60's, it's never too late..

ddainiuss · Sep 1, 2025

No.. lol you dont need 30% down with good credit history, matter of fact if its 720+ you can get 0 down even for used truck. And i know several lenders who would do that. Or better yet - go to your bank and ask for credit line - i got 100k with 5% interest rate.

ddainiuss · Sep 2, 2025

here is the truth - never ask strangers if you should do this or that.. because those who doing good will discourage you - nobody needs extra competition, and those who failed- they are losers and their advice souldnt matter

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